Public Sector

Jeremy Newman

LGA creates new company to fill Audit Commission’s demise

Local Government Association sets up independent company in preparation for the closure of the Audit Commission in March 2015

03 Oct 2014

nhs

NHS accountant jailed over £2m fraud

NHS accountant at two primary care trusts set up standing orders to own accounts in order to buy property

30 Jul 2014

Financial Reporting Council

FRC consults on local audit regulation

Accounting regulator launches consultation on audit of local public bodies

22 Jul 2014

CIPFA treasurer quits over pension deficit concern

Ian Perkin calls on CIPFA to use office sale surplus next year to pay down pension deficit

16 Jul 2014

Governments told to grasp nettle on accrual accounting

Governments failed to address deficiencies in public sector cash-based accounting that were exposed by the sovereign debt crisis

07 Jul 2014

ICAS members knighted in Queen's Birthday Honours List

Amyas Morse and Ewan Brown knighted

16 Jun 2014

Colin: Will new head of financial control at GCHQ be called M

Colin might decide against going for this job advertised Accountancy Age

09 May 2014

Three firms pick up remaining Audit Commission work

BDO, KPMG and EY pick up remaining local government Audit Commission contracts

02 Apr 2014

Local audit changes could undermine auditor independence

Transparency International warns changes to local audit system may "inadvertently allow corruption to thrive"

15 Nov 2013

Ex-IFAC CEO moves to CIPFA

Ian Ball to develop the institute's international offering

24 Sep 2013

NAO qualifies local government accounts

Department for Communities and Local Government accounts qualified following spending breaches

02 Jul 2013

Ernst & Young called in to save foundation hospital

Ernst & Young's most senior insolvency practitioners take up role at Mid Staffordshire Hospital Trust

16 Apr 2013

Local Audit Bill has “gaping holes”, says Hodge

Arrangements set out in Local Audit Bill "will result in a more complex and fragmented audit regime", says Margaret Hodge

18 Jan 2013

Accounting error wipes £2.3m off Cambridge Council budget

E&Y confirms council's £2.3m December budget adjustment

07 Jan 2013

Public sector audit work improves for 2011/12

Audit Commission finds there have been improvements in the standard of financial reporting at local bodies

14 Dec 2012

Lack of quality data hinders government's budgeting

Government departments need to better align budgeting and planning, says NAO

18 Oct 2012

CIPFA chief Steve Freer to step down

Steve Freer to leave CIPFA within the next 12 months, after 12 years of service

01 Oct 2012

Institutes launch public sector audit review

CIPFA and IIA launch consultation on first set of public sector internal audit standards

17 Jul 2012

Big firms scoop up Audit Commission work

Grant Thornton picks up four Audit Commission contracts - DA Partnership picks up just one deal

05 Mar 2012

KPMG: UK fraud hits record high in 2011

Management fraud soars 74 per cent, leaving investors vulnerable, according to figures by Big Four firm

30 Jan 2012

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2shotguests

How software as a service can meet the strategic needs of a growing business

Organisations are now looking for a software service that is cost effective, flexible, streamlined and able to meet the needs of the business both today and in the future

This web seminar will explain how finance directors can monitor and understand the various financial costs of staff turnover

Leader: Baker Tilly's naming nerves

Baker Tilly's impending name change opens up a range of possiblities, writes Calum Fuller

The Practitioner: R&D tax credit boon awaits clients

The Practitioner is gobsmacked at the opportunities for tax savings that R&D credits will bring for clients

Macro View: Soaring US dollar could unleash nasty global tremors

If upward pressures on the dollar escalate, its strength could become malignant and the blessing could become a curse

social-networking

Auto-enrolment: Know the workforce - assessing workers

Who 'works' for a business? A simple question, but one that requires careful consideration as far as meeting auto-enrolment requirements are concerned, writes Stephen Rowntree

Taking Stock: Haslers' marathon man avoids comfort break

Better out than in for long-distance runner

Taking Stock: Rickard very Keen on its psuedonym

Rickard Keen's move to limited status sees some unusual detail at Companies House...

Colin: EY-ers cheer on partner profits

Colin wonders how EY partners reacted to their profit figures

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Briefings

budget-management

Why budgeting fails: One management system is not enough

If budgeting is to have any value at all, it needs a radical overhaul. In today's dynamic marketplace, budgeting can no longer serve as a company's only management system; it must integrate with and support dedicated strategy management systems, process improvement systems, and the like. In this paper, Professor Peter Horvath and Dr Ralf Sauter present what's wrong with the current approach to budgeting and how to fix it.

cchcover

iXBRL: Taking stock. Looking forward

In this white paper CCH provide checklists to help accountants and finance professionals both in practice and in business examine these issues and make plans. Also includes a case study of a large commercial organisation working through the first year of mandatory iXBRL filing.